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Eliminating Income Cap on Roth IRAs Is Bad Policy
Center on Budget and Policy PrioritiesLink to more items from this source
[Opinion]
June 7, 2004

Excerpt: Some House members are apparently considering a deal under which substantial new tax subsidies for saving would be provided to high-income households in exchange for a much less costly expansion of saving tax incentives for low- and moderate-income workers. In particular, the deal is said to involve eliminating the existing income limit on Roth IRAs in exchange for making the saver's credit refundable.

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